After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.002%7d average−0.016%fees + slippage, in and out−$37spread needed0.368%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLFI_USDC_PERP | 0.05801 | 0.0100 | pay 0.0013% / 1h | 7m 25s | $239K | $27K | 10x |
| Short | Hyperliquid WLFI | 0.05801 | 0.0100 | get 0.0013% / 1h | 7m 25s | $10.6M | $879K | 5x |
Backpack WLFI_USDC_PERP
Hyperliquid WLFIPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$0.17
- Funding while held
- $0
- Slippage, 4 orders
- −$17.83
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$37.01
- Spread needed to break even
- 0.368%
Slippage from Backpack: live order book, 47 min ago; Hyperliquid: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 47 min ago | 0.86 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.81 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
WLFI price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.05796cheapestLighter0.05797+0.021%Extended0.05799+0.051%BingX0.05799+0.056%ApeX Omni0.05800+0.073%
Variational Omni
Lighter
Extended
BingX
ApeX OmniHyperliquid0.05801+0.089%
Bitget0.05801+0.091%
BitgetBackpack0.05801+0.091%
gTrade (Gains Network)0.05801+0.095%Aster0.05802+0.108%Pacifica0.05802+0.108%BloFin0.05802+0.108%Gate0.05803+0.125%KuCoin0.05803+0.125%Deribit0.05803+0.125%Kraken Futures0.05803+0.131%GMX0.05803+0.132%Bybit0.05804+0.142%SoDEX0.05804+0.142%Paradex0.05805+0.155%OKX0.05805+0.160%Binance0.05805+0.161%Nado0.05807+0.188%dYdX0.05807+0.192%01 Exchange0.05808+0.211%MEXC0.05808+0.211%Arcus0.05808+0.216%SunX0.05810+0.246%Coinbase International0.05817+0.367%Injective0.05838+0.729%Reya0.06046+4.312%
gTrade (Gains Network)
Aster
Pacifica
BloFin
Gate
KuCoin
Deribit
Kraken Futures
GMX
Bybit
SoDEX
Paradex
OKX
Binance
Nado
dYdX
MEXC
Arcus
SunX
Coinbase International
Injective
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WLFI | −0.090% | +0.0100% | 4h | $445K | $13K | — | as long as short |
| Lighter WLFI | −0.069% | −0.0208% | 1h | $955K | $260K | 5x | as long as short |
| Extended WLFI-USD | −0.039% | +0.0104% | 1h | $133K | $490K | 10x | as long as short |
| BingX WLFI-USDC | −0.034% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| ApeX Omni WLFIUSDT | −0.017% | +0.0100% | 1h | $33K | $34K | 50x | as long as short |
| Hyperliquid WLFIshort | −0.002% | +0.0100% | 1h | $10.6M | $879K | 5x | |
| Bitget WLFIUSDT | 0.000% | +0.0100% | 4h | $7.8M | $2.4M | 75x | as long as short |
| Backpack WLFI_USDC_PERPlong | 0.000% | +0.0100% | 1h | $239K | $27K | 10x | |
| gTrade (Gains Network) WLFI/USD | +0.004% | L +0.0005% / S −0.0005% | 1h | $317 | — | 150x | as long as short |
| Aster WLFIUSDT | +0.017% | −0.0067% | 4h | $1.7M | $333K | 20x | as long as short |